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Fidelity Advisor California Muni Inc I FCMQX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FCMQX

Will FCMQX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FCMQX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FCMQX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FCMQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This strategy holds up well in tough municipal markets.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

Fidelity California Municipal Income has served investors in the California muni bond market well by following a consistent and risk-conscious approach executed by a skilled and collaborative team.

by Elizabeth Foos
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